Corporations (Aboriginal and Torres Strait Islander) Act 2006
CHAPTER 3
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BASIC FEATURES OF AN ABORIGINAL AND TORRES STRAIT ISLANDER CORPORATION
PART 3-2
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RULES DEALING WITH THE INTERNAL GOVERNANCE OF CORPORATIONS
Division 60
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What are the replaceable rules and when do they apply to a corporation?
SECTION 60-5
60-5
CORPORATION
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S CONSTITUTION CAN MODIFY OR REPLACE REPLACEABLE RULES
A provision of a section or subsection of a replaceable rule that applies to an Aboriginal and Torres Strait Islander corporation can be modified or replaced by the corporation ' s constitution.
A provision of a section or subsection of a replaceable rule that applies to an Aboriginal and Torres Strait Islander corporation can be modified or replaced by the corporation ' s constitution.
Note:
In modifying or replacing a replaceable rule, an Aboriginal and Torres Strait Islander corporation must ensure that the matter covered by the original replaceable rule is provided for in the corporation ' s constitution. If it is not, then the constitution may not be covering the matters provided for in the replaceable rules (see section 66-1 ).